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Non-competitive wage-setting as a cause of unfriendly and inefficient leadership

Dur, Robert A. J.; Kvaløy, Ola; Schöttner, Anja - 2019 - This draft: September 2019

This paper develops a simple economic model to examine how leadership styles in organizations depend on the prevailing wage-setting conditions for workers. In particular, we examine a leader who can - in addition to the use of monetary incentives - motivate a worker by adopting leadership styles...

Persistent link: https://www.econbiz.de/10012110227

What explains the rise in CEO pay in Germany? : a panel data analysis for 1977-2009

Fabbri, Francesca; Marin, Dalia - 2012

the literature on executive pay: the manager power hypothesis and the efficient pay hypothesis. We find support for the … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they … work for. We reject, however, the efficient pay hypothesis as CEO pay and the demand for managers increases in Germany in …

Persistent link: https://www.econbiz.de/10009508092

CEO compensation

Frydman, Carola; Jenter, Dirk - 2010

result of powerful managers setting their own pay. Others interpret high pay as the result of optimal contracting in a … relationship between pay and firm performance since the 1930s. Our review suggests that both managerial power and competitive …

Persistent link: https://www.econbiz.de/10008797772

Managerial talent, motivation, and self-selection into public management

Delfgaauw, Josse (contributor); … - 2008

brightest managers to the public sector abound. This paper studies self-selection into managerial and non-managerial positions … return to managerial ability is always highest in the private sector. As a result, relatively many of the more able managers …

Persistent link: https://www.econbiz.de/10003772147

Gift exchange in the workplace : money or attention?

Dur, Robert A. J. - 2008

convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways … altruistic managers may offer lower wages and nevertheless build up better social-exchange relationships with their employees … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …

Persistent link: https://www.econbiz.de/10003803551

The effect of adversity on process innovations and managerial incentives

Dostie, Benoît; Jayaraman, Rajshri - 2009

This paper asks whether adversity spurs the introduction of process innovations and increases the use of managerial incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous variation in adversity arising from increased border...

Persistent link: https://www.econbiz.de/10003854411

Norms and the evolution of leaders' followership

Cabrales, Antonio; Hauk, Esther - 2022

In this paper we model the interaction between leaders, their followers and crowd followers in a coordination game with local interaction. The steady states of a dynamic best-response process can feature a coexistence of Pareto dominant and risk dominant actions in the population. The existence...

Persistent link: https://www.econbiz.de/10013285659

Political leader survival : does competence matter?

Yu, Shu; Jong-A-Pin, Richard - 2013

We examine whether economic and military competence of political leaders affect their duration in office. We introduce leader heterogeneity in the selectorate theory of Bueno de Mesquita et al. (2003) and derive the hypothesis that in the presence of a revolutionary threat, economic competence...

Persistent link: https://www.econbiz.de/10010204673

Do leaders affect ethical conduct?

D'Adda, Giovanna; Darai, Donja; Weber, Roberto A. - 2014

We study whether leaders influence the unethical conduct of followers. To avoid selection issues present in natural environments, we use a laboratory experiment in which we form groups and assign leadership roles at random. We study an environment in which groups compete, with dishonest behavior...

Persistent link: https://www.econbiz.de/10010383805

Can leaders persuade? : examining movement in immigration beliefs

Afrouzi, Hassan; Arteaga, Carolina; Weisburst, Emily - 2022

Can political leaders change constituents' beliefs? If so, is it rhetoric, identity, or the interaction of the two that matters? We construct a large-scale experiment where participants are exposed to anti-immigrant and pro-immigrant speeches from both Presidents Obama and Trump. We benchmark...

Persistent link: https://www.econbiz.de/10012822086